You are a financial analyst. Based on your analysis of Sherwin-Williams Co (SW) financial statements, provide a report to guide investors whether SW is a buy (keep) or sell stock. Your report should include the following

b. What additional information do you suggest could influence the investment decision? Do some research about the company.

c. Your informed recommendation (buy or sell) about SW with justifications. What is your general impression about SW? Support your conclusion

Below is the work was done for the assignment, I just need help with part B and C:

! POLICY TIP: This item is protected by a policy in your organization. More Options X B22 V A B D E G H I J K L M N O P Q R S T 1 RATIO ANALYSIS Y3 Y2 22 Market /Book OO 23 Price/Earning 24 ADDITIONAL INFORMATION 25 26 Weighted average shares outstanding - basic 91,839 92, 197 27 Market Price per Share at Year End 268.74 259.6 28 29 5 30 6 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 K Cover Page Balance Sheet Income Statement Cash Flow Statement Ratios + Calculation Mode: Automatic Workbook Statistics Give Feedback to Microsoft - 100% +POLICY TIP: This item is protected by a policy in your organization. More Options D3 X V fx Y1 A B C D E F 2 3 Report Date Y3 Y2 Scale Thousands Thousands Thousands Net income (loss) 1,132,703 1,053,849 865,887 Depreciation 172,074 170,323 169,087 Amortization of intangible assets 25,637 28,239 29,858 Impairment of trademarks & goodwill 10,688 9 Amortization of credit facility & debt issuance costs 63,759 10 Provisions for environmental-related matters 42,932 31,071 36,046 11 Provisions for (net credit from) qualified exit costs 3,038 9,761 13,578 12 Deferred income taxes (68,241) 4,976 (19,038) 13 Defined benefit pension plans net cost (credit) 14,851 6,491 990 14 Stock-based compensation expense 72, 109 72,342 64,735 15 Net increase (decrease) in postretirement liability (12,373) (6,645) (718) 16 Increase (decrease) in non-traded investments 64,689 65,144 63,365 17 Loss (gain) on disposition of assets (30,564) (803) 1,436 18 Other net income adjustments 5,101 6,71 203 19 Accounts receivable (113,855) (56,873) (80,252) 20 Inventories (52,577) (40,733) (101, 112) 21 Accounts payable (118,893) 160, 111 78,603 22 Accrued taxes (2, 159) 4,606 13,187 23 Accrued compensation & taxes withheld 60,632 (13,128) 29,513 24 Refundable income taxes (1,343) 19,230 (36,601) 25 DOL settlement accrual 26 Other working capital accounts 56,215 (955) (20,029) 27 Costs incurred for environmental-related matters (15,178) (11,995) (9,676) 28 Costs incurred for qualified exit costs (6,267) (11,200) (10,882) 29 Other cash flows from operating activities 5,594 (43,059) (6,652) 30 Net cash flows from operating activities 1,308,572 1,447,463 1,081,528 31 Capital expenditures (239,026) (234,340) (200,545) Acquisition of businesses, net of cash acquired 33 Proceeds from sale of assets 38,434 11,300 1,516 34 Increase (decrease) in other investments (103, 182) (65,593) (111,021) 35 Net cash flows from investing activities (303,774) (288,633) (310,050) 36 Net increase (decrease) in short-term borrowings (899) (630,226 591,423 37 Proceeds from long-term debt 500 797,514 1,474 38 Payments of long term debt (1,111) (500,661) 39 Payment for credit facility & debt issuance costs (65, 119) 40 Payments of cash dividends (312,082) (249,647) (215,263) 41 Proceeds from stock options exercised 86,831 89,990 100,069 42 Income tax effect of stock-based compensation exercises 8 89,691 68,657 43 Treasury stock purchased (1,035,291) (1,488,663) 44 Other financing activities (15,473) (42,384) (24, 111) 45 Net cash flows from financing activities (307,353) (980,353 (1,467,075) 46 Effect of exchange rate changes on cash (13,396) (13,465) (8,560) 47 Net increase (decrease) in cash & cash equivalents 684,049 165,012 (704, 157) 48 Cash & cash equivalents at beginning of year 205,744 40,732 744,889 49 Cash & cash equivalents at end of year 889,793 205,744 40,732 50 51Sherwin-williams Co (The) (NYS: SHW) AWN Report Date Y3 Y2 Y1 Scale Thousands Thousands Thousands Vertical Analysis Y3 Vertical Analysis Y2 13 Operating Income 1,739,774 1,615,440 1,304,036 14.7% 0.1 14.2% 0.1 14 Interest expense 154,088 61,791 64,205 1.3% 0.1 0.5% 0.1 15 Interest & net investment income 4,960 1,399 2,995 0.0% 0.1 0.0% 0.1 16 Dividend & royalty income 4,573 3,668 4,864 0.0% 0.1 0.0% 0.1 17 Net income (expense) of financing activities (8,667) (11,091) (11,367) -0.1% 0.1 -0.1% 0.1 18 Foreign currency related transaction gains (losses) (7,335) (9,503) (3,603) -0.1% 0.1 -0.1% 0.1 19 Other income 25,279 23,880 37,524 0.2% 0.1 0.2% 0.1 20 Other expense 9,263 13,036 12,018 0.1% 0.1 0.1% 0.1 21 Total other income (expense), net 4,587 (6,082) 15,400 0.0% 0.1 -0.1% 0.1 22 Income (loss) before income taxes - domestic 1,504,990 1,440,511 1, 113,527 12.7% 0.1 12.7% 0.1 23 Income (loss) before income taxes - foreign 90,243 108,455 144,698 0.8% 0.1 1.0% 0.1 24 Income (loss) before income taxes 1,595,233 1,548,966 1,258,226 13.5% 0.1 13.7% 0.1 25 Current provision for (benefit from) income taxes - federal 438,244 399,677 308,283 3.7% 0.1 3.5% 0.1 26 Current provision for (benefit from) income taxes - foreign 31,125 30, 145 53,045 0.3% 0. 1 0.3% 0.1 27 Current provision for (benefit from) income taxes - state & lo 61,402 60,319 50,049 0.5% 0.1 0.5% 0.1 28 Total current provision for (benefit from) income taxes 530,771 490, 141 411,377 4.5% 0.1 4.3% 0.1 29 Deferred provision for (benefit from) income taxes - federal (56,891) 13,505 (14,974) -0.5% 0.1 0.1% 0.1 30 Deferred provision for (benefit from) income taxes - foreign (2, 121) (10,752) (7,361) 0.0% 0.1 -0.1% 0.1 31 Deferred provision for (benefit from) income taxes - state & I (9,229) 2,223 3,297 -0.1% 0.1 0.0% 0.1 32 Total deferred provision for (benefit from) income taxes (68,241) 4,976 (19,038) -0.6% 0.1 0.0% 0.1 33 Income taxes 462,530 495, 117 392,339 3.9% 0.1 4.4% 0.1 34 Net income (loss) 1,132,703 1,053,849 865,887 9.6% 0.1 9.3% 0.1 35 36 2.8 #### 37 2.8 2.7 38 > E Cover Page Balance Sheet Income Statement Cash Flow Statement Ratios + Calculation Mode: Automatic Workbook Statistics Give Feedback to Microsoft - 100% +....S.impi9 LoanCalculator Loan amount Annual interest rate Loan period in years Start date of loan Monthly payment Number of payments Total interest Total cost of loan Payment Beginning Ending No. Date Balance Payment Principal Interest Balance 1 10/21/2022 S 31,000.00 S 10,540.69 S 10,230.69 5 310.00 S 20,769.31 2 11/21/2022 5 20,769.31 S 10,540.69 S 10,332.99 5 207.69 S 10,436.32 3 12/21/2022 S 10,436.32 S 10,540.69 S 10,436.32 5 104.36 S 0.00 = Loan Calculator + ilation Mode: Automatic Workbook Statistics Give Feedback to Microsoft 100% + Sherwin-williams Co (The) (NYS: SHW) AWNK Report Date Y3 Y2 Y1 Vertical Analysis Y2 Scale Thousands Thousands Thousands 47 Foreign currency translation adjustment 482,629) (354,384) -8.3% 0.1 48 Net actuarial gains (losses) related to pension & other postref (104,346) (118, 167) -1.8% 0.1 49 Unrealized net gains on marketable equity securities (120) 593 0.0% 0.1 50 Cumulative other comprehensive income (loss) (540,351) (587,095) (471,958) -10.1% 0.1 51 Total shareholders' equity 1,878,441 867,910 996,470 15.0% 0.1 52 53 4.5 54 4.5 55 56 57 58 59 8 64 67 68 69 70 71 72 > Cover Page Balance Sheet Income Statement Cash Flow Statement Ratios + Calculation Mode: Automatic Workbook Statistics Average: -3.4% Count: 3 Sum: -10.1% ~ Give Feedback to Microsoft 100% +